Achuthan: U.S. Recession Began Middle of 2012

Lakshman Achuthan, co-founder of the Economic Cycle Research Institute, talks about the U.S. economy. Achuthan speaks with Tom Keene and Sara Eisen on Bloomberg Television’s “Surveillance.” John Silvia, chief economist at Wells Fargo Securities LLC, also speaks.

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Quote of the Day

Henry Ford

1863 - 1947

I think that much of the advice given to young men about saving money is wrong. I never saved a cent until I was forty years old. I invested in myself–in study, in mastering my tools, in preparation. Many a man who is putting a few dollars a week into the bank would do much better to put it into himself.